Kraken launches crypto perps trading in US

Kraken has officially launched perpetual futures trading for its U.S. customers on Kraken Pro. This move follows Kraken's acquisition of Bitnomial, a fully CFTC-licensed exchange, clearinghouse, and brokerage, in May. The Commodity Futures Trading Commission's recent approval of onshore crypto derivatives trading paved the way for this expansion. Perpetual futures allow traders to gain continuous exposure to assets like Bitcoin and Ethereum without expiration dates, using funding rates to maintain alignment with spot market prices. This provides U.S. users with regulated access to a product previously more readily available on offshore platforms.